Replies to post #2104 on Value Microcaps Pick Six Lotto 02

[SSKILLZ1]

How did stocks do versus last contest in purchase price.

This is a collective look of the two contests results merged together.

$.20-.99 Purchase Price
$1.00-2.99 Purchase Price
$3.00-4.99 Purchase Price
$5.00-9.99 Purchase Price
$10+ Puchase Price

Number Of Stocks in each group
$.20-.99 Purchase Price:98
$1.00-2.99 Purchase Price:132
$3.00-4.99 Purchase Price:61
$5.00-9.99 Purchase Price:80
$10+ Puchase Price: 69

% Gain For Each Group
$.20-.99 Purchase Price: 25.23%
$1.00-2.99 Purchase Price:19.36%
$3.00-4.99 Purchase Price:12.11%
$5.00-9.99 Purchase Price:26.59%
$10+ Puchase Price: 10.24%

Commentary: As we can see if we look at the two contests the $5.00-9.99 Purchase Price stocks are doing the best, this will be very interesting to see the trends after numerous contests in my opinion, although it might not mean much I still like the info., and I hope everyone likes it too.

[stanu78]

Penny stocks is deemed more risky by many even though it is a VMC.. and that's probably one of the reason why it gives higher return 30% compare to 11%, 19% or 5% of the more expensive ones... plus a 5 or 10 cents drop or rise is already a big percentage of the overall price...

maybe I will be bale to make the above conclusion when and if the general market is way down and most of the PSL2 paritipant is also down, maybe the stats will also show that the penny stocks will drop even larger.. higher beta..

JMHO

Stan